Research
Papers - Macroeconomics and Finance
Do Cost-of-Living Shocks Pass Through to Wages? (with Justin Bloesch and Jake Weber)
- Draft, Slides, Short Slides, SSRN
- An AD-AS Framework with Quits and Wage Inflation: for Policymakers
- An Analytic Two-Period Model: analytic proofs and derivations
Beliefs and the Net Worth Trap (with Goutham Gopalakrishna and Theofanis Papamichalis)
Managerial Incentives, Financial Innovation, and Risk-Management Policies (with Son Ku Kim and Sheridan Titman)
A Unified Theory of the Term-Structure and Monetary Stabilization (with Marc Dordal i Carreras)
Endogenous Firm Entry and the Supply-Side Effects of Monetary Policy (with Marc Dordal i Carreras and Zhenghua Qi)
Self-fulfilling Volatility and a New Monetary Policy (Job Market Paper) (with Marc Dordal i Carreras)
Higher-Order Forward Guidance (with Marc Dordal i Carreras)
The Spatial Transmission of U.S. Banking Panics: Evidence from 1870-1929 (with Marc Dordal i Carreras)
Papers - Contract Theory
A Proxy-Contract Based Approach to the First-Order Approach in Agency Models (with Jin Yong Jung and Son Ku Kim)
Ignorance is Bliss: Ex-Ante vs. Ex-Post Information Systems in an Agency Model (with Jin Yong Jung and Son Ku Kim)
Work in Progress
From War Contracts to Export Success? U.S. War Procurement and Firm Growth in South Korea (with Philipp Barteska, Oliver Kim, and Nathan Lane)
A New Indeterminacy with Fluctuations in Volatility and Risk Premium (with Marc Dordal i Carreras)
Risky Growth with Short-Term Debt (with Artur Doshchyn)